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Armenian wine may find itself in supermarkets of Germany and China

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  • Armenian wine may find itself in supermarkets of Germany and China

    Armenian wine may find itself in supermarkets of Germany and China

    arminfo
    Saturday, June 16, 17:01

    The Armenian wine may soon find itself in supermarkets of Germany and
    China, German businessman, the head of the insurance company Von
    Heydebreck, Claus Von Heydebreck, told ArmInfo correspondent before
    the beginning of a small forum in Yerevan. He arrived in Yerevan to
    look for profitable investments.

    He said that at present he has been negotiating with one of the
    biggest Armenian wine producers, which will become the key supplier of
    Armenian wines to Germany and China. He preferred not to name the
    company. He also declined to name the volume of investments in the
    economy of Armenia and said he will revise the possibility of making
    serious investments in the sphere of building, insurance, tourism and
    medicine.

    He also did not rule out opening of the office of his insurance
    company in Armenia. When commenting on a small volume of the local
    market, he said that this problem may be compensated by high insurance
    premiums which will meet the European ones. At the same time, he
    agreed to the fact that the life standard of Armenian residents is low
    and only a small part of them may allow themselves to have European
    insurance. He said that medical insurance for the middle-aged citizens
    of Armenia will cost 300 EUR per month, and for people above 50 years
    - 1000 EUR.

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